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September 14, 2021 <br />Page 3 <br /> <br />(3) Density (R-4 code limits this to approximately 24 units per acre, Comprehensive Plan <br />calls for 20-40 units per acre); applicant is proposing approximately 32 - 36 units per <br />acre. <br /> <br />Staff believes that the flexibility requested under the PUD is appropriate, given the objectives of <br />the Comprehensive Plan and the related improvements and amenities proposed as part of the <br />project. Staff is recommending approval of the Preliminary Plan stage of the PUD Amendment <br />for Bremer Bank at 2654 Kenzie Terrace and Interstate Development at 2410 Lowry Avenue NE, <br />with a series of conditions as noted in the summary section below. Final resolution of the areas <br />of conflict would be necessary as a part of the Final Plan PUD, however, the parking and <br />stacking issues noted above may be best addressed as a part of the current Preliminary Plan <br />application to avoid later confusion as to the City’s requirements. <br />GENERAL INFORMATION <br />Applicant: Interstate Development, Bremer Bank <br />Owner: Bremer Bank, City of St. Anthony Village <br />Location: 2401 Lowry Avenue NE, 2654 and 2534 Kenzie Terrace; <br />Existing Land Uses Commercial (Existing Bank) <br />Vacant (Former Bowling Alley Site) <br />Vacant (Bremer-owned “triangle” property) <br /> <br />Zoning: C, Commercial <br /> <br />Deadline for Agency Application Complete Date: July 21, 2021 <br />Action: 60 Days: September 20, 2021 <br />Letter Sent: NA <br /> 120 Days: November 19, 2021 <br /> <br />1. Background <br />Project Description. The applicants are seeking a 3-parcel PUD proposal that would include <br />two parcels owned by Bremer Bank (the existing bank site and a vacant remnant parcel <br />across Kenzie Terrace from the bank), and the City’s parcel, usually known as the “old <br />bowling alley” site. Interstate proposes a 76-unit multiple-family residential facility on the <br />main Bremer Bank property, a relocation of the Bremer Bank facility to the City parcel, and <br />a grant to the City of the remnant Bremer property for use as (in part) an entrance element <br />for the community. The project is proposed to be developed in two phases. First phase <br />would consist of construction of the new bank facility at 2654 Kenzie. The second phase <br />would then be construction of the apartment project at 2401 Lowry, once Bremer has <br />relocated to the new building. <br /> <br />35